How Reliance is planning to KILL Amazon in INDIA? : The BIGGEST BUSINESS WAR IN INDIAN HISTORY
Published at : September 11, 2021
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Video Introduction:
India’s Supreme Court ruled in favor of Amazon.com Inc.’s efforts to halt the sale of indebted, cash-starved Future Retail Ltd. to Reliance Industries Ltd., which is a big boost to the global retailing giant’s ambitions of dominating the crucial $1 trillion retail market.
But Amazon is in a mix because they have been accused to have favored big sellers on its India platform – and used them to maneuver around rules meant to protect the country's small retailers from getting crushed by e-commerce giants, internal documents show.
PM Modi’s office and India’s Ministry of Commerce and Industry have brought in new laws that inhibit this. Reliance with all its cash and power will be looking to capitalize on this. They have made strategic partnerships with Whatsapp and other companies.
In this video, we shall decode Reliance's plan to end Amazon India's flurry. Watch it till the end and leave a comment.
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References mentioned in the video to study further
1. Investigation report of Reuters on Amazon
https://www.reuters.com/investigates/special-report/amazon-india-operation/
2. New rules of e-commerce in India
https://www.reuters.com/article/india-ecommerce-explainer-idINKCN1PP1XS
3. Impact of Amazon return shipment on the company profits and environment
https://www.youtube.com/watch?v=FPPSn-M3JQk&t=37s
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Animation Credits : Gauravrooki@gmail.com
Thumbnail Credits: nethulajangaiah@gmail.com
To support our work you can donate here: https://www.instamojo.com/@thinkschool
#reliance #ambani #amazon #jeffbezos
Disclaimer: This video has been made with certain assumptions of the location of warehouses in the supply chain and an approximate cost needed for shipment. All this information is only meant for educational purposes and is not meant to be taken as investment advice. Do your own research before you invest anywhere.
Video Introduction:
India’s Supreme Court ruled in favor of Amazon.com Inc.’s efforts to halt the sale of indebted, cash-starved Future Retail Ltd. to Reliance Industries Ltd., which is a big boost to the global retailing giant’s ambitions of dominating the crucial $1 trillion retail market.
But Amazon is in a mix because they have been accused to have favored big sellers on its India platform – and used them to maneuver around rules meant to protect the country's small retailers from getting crushed by e-commerce giants, internal documents show.
PM Modi’s office and India’s Ministry of Commerce and Industry have brought in new laws that inhibit this. Reliance with all its cash and power will be looking to capitalize on this. They have made strategic partnerships with Whatsapp and other companies.
In this video, we shall decode Reliance's plan to end Amazon India's flurry. Watch it till the end and leave a comment.
Check out Think School's Online courses:
1. Learn how to communicate ideas like us: https://communication.thethinkschool.com/yt
2. Land your dream jobs: https://linkedinmasterclass.thethinkschool.com/yt
3. Create a Perfect Resume in less than 90 minutes: https://www.thethinkschool.in/resume-building-masterclass/
References mentioned in the video to study further
1. Investigation report of Reuters on Amazon
https://www.reuters.com/investigates/special-report/amazon-india-operation/
2. New rules of e-commerce in India
https://www.reuters.com/article/india-ecommerce-explainer-idINKCN1PP1XS
3. Impact of Amazon return shipment on the company profits and environment
https://www.youtube.com/watch?v=FPPSn-M3JQk&t=37s
Want to buy the equipment we use?
Mic: https://amzn.to/2PjDNAP
Camera: https://amzn.to/3dMzojh
Camera Stand: https://amzn.to/3nidnfp
Mobile holder for stand: https://amzn.to/3xgCF25
Laptop: https://amzn.to/3gMYXRi
Animation Credits : Gauravrooki@gmail.com
Thumbnail Credits: nethulajangaiah@gmail.com
To support our work you can donate here: https://www.instamojo.com/@thinkschool
#reliance #ambani #amazon #jeffbezos
Disclaimer: This video has been made with certain assumptions of the location of warehouses in the supply chain and an approximate cost needed for shipment. All this information is only meant for educational purposes and is not meant to be taken as investment advice. Do your own research before you invest anywhere.
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